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‘Fintech services now available from du in UAE’

UAE’s telecom giant, du, also known as Emirates Integrated Telecommunications Company (EITC), has recently obtained a licence from the Central Bank of the UAE (CBUAE) to offer new digital financial services. This significant achievement places du at the forefront of the evolving fintech landscape in the region and supports the UAE’s dedication to encouraging innovation, competition, and financial inclusion to create a cashless society.

With these licences in hand, du is now poised to introduce cutting-edge financial solutions that will contribute to the development of an advanced, modern financial ecosystem across the UAE. This move will enable du to provide a range of digital financial services that cater to the changing needs and preferences of customers in the digital age.

Fahad Al Hassawi, the CEO of du, expressed his belief that the UAE’s commitment to fostering fintech innovation collaboration is evident in the awarding of these licences. He highlighted that du’s entry into the digital financial services space will enhance the financial landscape of the UAE by offering customer-centric solutions that will drive growth and development.

du’s goal is to empower individuals and businesses with convenient, secure, and efficient solutions that streamline their financial transactions and address their diverse needs. This strategic move aligns with the UAE’s ongoing efforts to promote financial technology and ensure the country remains a leader in global fintech innovation.

By securing these licences, du is well-positioned to drive innovation in the digital financial services sector and contribute to the continued growth and development of the financial industry in the UAE.

‘Covirán Implements Renewable Energy Initiatives to Become More Environmentally Friendly’

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Covirán, a Spanish supermarket cooperative, is making significant strides towards reducing its carbon footprint and promoting sustainability within its network. The retailer is committed to expanding the use of renewable energy throughout its entire supply chain, from logistics centers to individual supermarkets.

Concrete steps have already been taken towards this goal, such as installing a photovoltaic plant at its Atarfe headquarters in Granada in 2022 and adding solar panels to meet in-house needs at the Vitoria logistics platform in 2023. In 2024, Covirán plans to implement more solar energy projects across other logistics centers in Spain.

In addition to renewable energy initiatives, Covirán’s new store model prioritizes energy efficiency by incorporating LED lighting and state-of-the-art technology in refrigeration and air conditioning systems. The cooperative also provides an energy advisory service to help members find cost-effective energy solutions for their stores.

Furthermore, Covirán is improving the thermal insulation of logistics platforms and implementing innovative strategies like refrigerated compartment doors to minimize energy loss. A temperature control system utilizing thermographs and dry ice for frozen products has also been implemented to optimize transportation efficiency.

It is important to note that Covirán’s sustainability efforts not only benefit the environment but also have a positive impact on business operations.

Moreover, Covirán recently completed the reformulation of 176 private-label products to offer healthier options and combat obesity. This reformulation includes reducing sugar, salt, and saturated fat by 10% across various categories like sugary drinks, pastries, dairy products, sauces, breads, fruit juices, meats, snacks, and cookies.

Overall, Covirán’s commitment to sustainability, energy efficiency, and promoting healthier options demonstrates its dedication to a greener and healthier future for both the environment and consumers.

35th Annual PARCA Auxiliary Luncheon & Fashion Show Announced – PRWire

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35th Annual PARCA Auxiliary Luncheon & Fashion Show Announced

Celebrating milestones, memories, and making a difference at the Saint-Tropez themed: ‘Santé to 35 Years’ 

Burlingame, CA, March 19, 2024 – The PARCA Auxiliary, the fundraising arm of PARCA (Partners and Advocates for Remarkable Children and Adults), today announced it will host its 35th Annual Luncheon and Fashion Show, PARCA St. Tropez: Santé to 35 Years. Taking place on Wednesday, May 15th, at a private Hillsborough residence, the event will raise funds for the Bay Area’s local developmentally disabled community. 

This special 35th anniversary celebration will include a gourmet lunch by local chef, Charlie Parker Provisions, a live auction featuring one-of-a-kind packages with exclusive private experiences, and an elegantly curated fashion show presented by Burlingame’s own Sam Malouf Authentic Luxury—showcasing mens and womens ready-to-wear from the most coveted global designers. 

All funds raised from the luncheon directly benefit PARCA’s client base with developmental needs, as well as their families and caregivers—offering a foundation to help build upon their individual hopes, dreams, and successes. Similar to  past years, programming will include an exquisite live auction and a silent auction, as well as a captivating fashion show curated by Gloria Malouf, this year’s PARCA Auxiliary ‘Sustainer of the Year,’ and owner of San Malouf Authentic Luxury.   

“This year’s event is incredibly special as we celebrate 35 years of supporting PARCA and our local community in need. It’s an honor to continue to carry out the mission and vision of our PARCA Auxiliary founders 35 years later. As the world, and our local community, navigate tough economic times, high inflation, and scaled down resources, the money we raise is more important than ever,” said Nidhi Dash, PARCA Auxiliary President. “We are grateful for the continued support from Gloria and Sam Malouf, of Sam Malouf Authentic Luxury in Burlingame, and for all of our sponsors and supporters who make a difference in the lives of so many developmentally disabled children and adults locally in our community.” 

Each annual event exudes a unique look and feel, and this year attendees will feel like they have been transported to the sun-kissed beaches of the St. Tropez coastal haven and the promise it holds. The event design will capture the golden coastlines of Saint-Tropez—the pearl of the Côte d’Azur in the South of France. In honor of the PARCA Auxiliary’s storied journey to this point, this year’s luncheon represents setting sail and embarking on another 35 years—and beyond—with the PARCA community and its loyal supporters. The celebration will evoke basking by the sea at one of Saint-Tropez’s famous beach clubs, where joy and freedom of expression thrive. Celebrating the spirit of individuality, there is something for everyone in Saint-Tropez, and there will be something for everyone attending this year’s special event.  

To celebrate this special milestone year, the event will also honor the original founders of PARCA Auxiliary who started this iconic luncheon tradition 35 years ago, and built the foundation for the organization it has become. The Auxiliary was officially founded in 1988 to provide financial support for PARCA through its annual fundraising event. The first event raised $25,000, and evolved into the annual luncheon and fashion show that the Auxiliary is known for today. Currently, the PARCA Auxiliary consists of 57 active members, more than 300 sustainers, and 14 founding members. 

The PARCA Auxiliary Luncheon sells out every year, and is expected to do so in record time for this special anniversary year. For those interested in joining us on Wednesday, May 15th, please contact parcapublicity@gmail.com.

Event Chairs: Natalie Kao, Julie Kavanagh & Karen Simon

Auction: Sarah Jacobsohn, Merrin Thompson & Mahsa Afsharpour (Emeritus/Advisor)

Business Operations: Jessica Kane & Gloria Singh

Corporate Development: Lissa Seem, Brittany Burns (Emeritus/Advisor) & Lauren Wallins (Emeritus/Advisor)

Decor, Catering & Rentals: Jenn Gilson, Ana Grasberger, Jen Kelly & Joanne Lue

Fashion Show: Carolyn Shmunis & Sarah Somberg

Guest Services: Audrey Fetch & Caitlin Wilson

Individual Donor: Rachel Zubaty

Invitation & Programs: Mirra Desuasido & Vanessa Yang

Publicity: Daniella Vallurupalli & Sophia Waldman

Treasurer: Serena Fong & Irene Kuei

                                                                             # # # 

THE AUXILIARY: The PARCA Auxiliary, officially founded in 1988, invites the community to raise awareness and support for the nonprofit PARCA Organization (Partners and Advocates for Remarkable Children and Adults). The PARCA Organization offers programs and services that benefit developmentally disabled individuals and their families in the Bay Area and is doing incredible, life-changing work daily. This event enables the PARCA Organization to provide much needed programs and services to adults and children with developmental disabilities and to their families in the Bay Area. To date, the PARCA Auxiliary is proud to have raised over $5 Million for PARCA, with the majority funds raised coming directly from the annual Luncheon and Fashion Show held each Spring. All of the proceeds from the event go directly towards PARCA Organization. In addition to providing philanthropic financial support for PARCA, the members of the PARCA Auxiliary are committed to personally enriching the lives of the PARCA participants through individual connections and direct touch points. 

For sneak peeks, see @parcaauxiliary on Instagram #PARCASTTROPEZ

CONTACTS:

Publicity: Daniella Vallurupalli & Sophia Waldman at parcapublicity@gmail.com

General: parca@parcaauxiliary.org

For more information on PARCA organization, please visit https://parca.org

35th Annual PARCA Auxiliary Luncheon & Fashion Show Announced – PRWire

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35th Annual PARCA Auxiliary Luncheon & Fashion Show Announced

Celebrating milestones, memories, and making a difference at the Saint-Tropez themed: ‘Santé to 35 Years’ 

Burlingame, CA, March 19, 2024 – The PARCA Auxiliary, the fundraising arm of PARCA (Partners and Advocates for Remarkable Children and Adults), today announced it will host its 35th Annual Luncheon and Fashion Show, PARCA St. Tropez: Santé to 35 Years. Taking place on Wednesday, May 15th, at a private Hillsborough residence, the event will raise funds for the Bay Area’s local developmentally disabled community. 

This special 35th anniversary celebration will include a gourmet lunch by local chef, Charlie Parker Provisions, a live auction featuring one-of-a-kind packages with exclusive private experiences, and an elegantly curated fashion show presented by Burlingame’s own Sam Malouf Authentic Luxury—showcasing mens and womens ready-to-wear from the most coveted global designers. 

All funds raised from the luncheon directly benefit PARCA’s client base with developmental needs, as well as their families and caregivers—offering a foundation to help build upon their individual hopes, dreams, and successes. Similar to  past years, programming will include an exquisite live auction and a silent auction, as well as a captivating fashion show curated by Gloria Malouf, this year’s PARCA Auxiliary ‘Sustainer of the Year,’ and owner of San Malouf Authentic Luxury.   

“This year’s event is incredibly special as we celebrate 35 years of supporting PARCA and our local community in need. It’s an honor to continue to carry out the mission and vision of our PARCA Auxiliary founders 35 years later. As the world, and our local community, navigate tough economic times, high inflation, and scaled down resources, the money we raise is more important than ever,” said Nidhi Dash, PARCA Auxiliary President. “We are grateful for the continued support from Gloria and Sam Malouf, of Sam Malouf Authentic Luxury in Burlingame, and for all of our sponsors and supporters who make a difference in the lives of so many developmentally disabled children and adults locally in our community.” 

Each annual event exudes a unique look and feel, and this year attendees will feel like they have been transported to the sun-kissed beaches of the St. Tropez coastal haven and the promise it holds. The event design will capture the golden coastlines of Saint-Tropez—the pearl of the Côte d’Azur in the South of France. In honor of the PARCA Auxiliary’s storied journey to this point, this year’s luncheon represents setting sail and embarking on another 35 years—and beyond—with the PARCA community and its loyal supporters. The celebration will evoke basking by the sea at one of Saint-Tropez’s famous beach clubs, where joy and freedom of expression thrive. Celebrating the spirit of individuality, there is something for everyone in Saint-Tropez, and there will be something for everyone attending this year’s special event.  

To celebrate this special milestone year, the event will also honor the original founders of PARCA Auxiliary who started this iconic luncheon tradition 35 years ago, and built the foundation for the organization it has become. The Auxiliary was officially founded in 1988 to provide financial support for PARCA through its annual fundraising event. The first event raised $25,000, and evolved into the annual luncheon and fashion show that the Auxiliary is known for today. Currently, the PARCA Auxiliary consists of 57 active members, more than 300 sustainers, and 14 founding members. 

The PARCA Auxiliary Luncheon sells out every year, and is expected to do so in record time for this special anniversary year. For those interested in joining us on Wednesday, May 15th, please contact parcapublicity@gmail.com.

Event Chairs: Natalie Kao, Julie Kavanagh & Karen Simon

Auction: Sarah Jacobsohn, Merrin Thompson & Mahsa Afsharpour (Emeritus/Advisor)

Business Operations: Jessica Kane & Gloria Singh

Corporate Development: Lissa Seem, Brittany Burns (Emeritus/Advisor) & Lauren Wallins (Emeritus/Advisor)

Decor, Catering & Rentals: Jenn Gilson, Ana Grasberger, Jen Kelly & Joanne Lue

Fashion Show: Carolyn Shmunis & Sarah Somberg

Guest Services: Audrey Fetch & Caitlin Wilson

Individual Donor: Rachel Zubaty

Invitation & Programs: Mirra Desuasido & Vanessa Yang

Publicity: Daniella Vallurupalli & Sophia Waldman

Treasurer: Serena Fong & Irene Kuei

                                                                             # # # 

THE AUXILIARY: The PARCA Auxiliary, officially founded in 1988, invites the community to raise awareness and support for the nonprofit PARCA Organization (Partners and Advocates for Remarkable Children and Adults). The PARCA Organization offers programs and services that benefit developmentally disabled individuals and their families in the Bay Area and is doing incredible, life-changing work daily. This event enables the PARCA Organization to provide much needed programs and services to adults and children with developmental disabilities and to their families in the Bay Area. To date, the PARCA Auxiliary is proud to have raised over $5 Million for PARCA, with the majority funds raised coming directly from the annual Luncheon and Fashion Show held each Spring. All of the proceeds from the event go directly towards PARCA Organization. In addition to providing philanthropic financial support for PARCA, the members of the PARCA Auxiliary are committed to personally enriching the lives of the PARCA participants through individual connections and direct touch points. 

For sneak peeks, see @parcaauxiliary on Instagram #PARCASTTROPEZ

CONTACTS:

Publicity: Daniella Vallurupalli & Sophia Waldman at parcapublicity@gmail.com

General: parca@parcaauxiliary.org

For more information on PARCA organization, please visit https://parca.org

“Experimenting with Mobile Banking Apps from Community Banks”

Choosing a primary bank is no longer just about proximity to physical branches, as more people are now prioritizing the quality of mobile banking apps. To cater to this shift in consumer behavior, banks are offering “test drives” of their apps to attract potential customers. These test drives include demos, videos, and cheat sheets explaining key features and functionalities.

Ian Wallace, director of user experience at Fiserv, emphasizes the importance of being able to test drive mobile banking apps in a market where customers have numerous options. Fiserv provides software that allows financial institutions to offer guided virtual tutorials and click-thru demos to their customers.

Northeast Bank in Minneapolis has found success with this approach by providing video demos showcasing the seamless user experience of their online banking site and app. They also offer step-by-step guides on various functions like fund transfers and bill payments. The bank’s digital banking guide on their website outlines all platform functionalities and has proven to be a valuable tool for both customers and staff.

Timberland Bank in Hoquiam, Wash., is exploring ways to illustrate their online and mobile banking applications through tours or simulated test drives. They focus on incorporating “sticky features” like Zelle payments and credit scoring to enhance the customer experience. Chief technology officer Breanne Antich stresses the importance of unified design across all devices to ensure a seamless user experience.

Both Fiserv and Jack Henry provide resources for banks to enhance their digital engagement programs and offer modern design functionality in their apps. It’s crucial for community banks to prioritize excellent digital channels to prevent dissatisfied customers from leaving.

To provide a great user experience, app designers must understand their target audience and their needs. Features like bill pay, card controls, and personal financial management tools are considered essential. Banks are also incorporating open banking APIs to integrate fintech solutions into their apps, catering to evolving customer demands.

In conclusion, offering a user-centric digital experience is essential for banks to stay competitive in the modern banking landscape. By prioritizing mobile app functionality, design, and user experience, banks can attract and retain customers in a digital-first world.

‘Successful Transformation to S/4HANA Yields Impressive Outcomes’

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Loparex Overcomes Challenges in SAP S/4HANA Implementation

Loparex recently encountered difficulties during their SAP S/4HANA implementation, causing frustrations among users and resulting in outdated practices. However, they were able to successfully address these challenges through a collaborative approach, education initiatives, and targeted workshops.

The outcomes of their efforts were significant, with notable improvements in various areas. These included a substantial reduction in inventory, enhanced service levels, improved data integrity, and increased employee satisfaction. This transformation not only yielded financial benefits, such as cost savings, but also led to operational enhancements like process efficiency gains, enhanced data accuracy, reduced manual labor, and proactive exception management.

Overall, Loparex’s journey highlights the importance of overcoming obstacles in technology implementations by leveraging teamwork, continuous learning, and focused training sessions. Their success story serves as a testament to the positive impact that effective change management strategies can have on both the bottom line and operational efficiency.

“Analysis of Burford’s Recent Financial Results”

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Burford Capital Implements Cookie Policy for Improved Website Experience

In an effort to enhance user experience and improve website functionality, Burford Capital has implemented a new cookie policy. The site now uses non-essential cookies to provide visitors with a personalized browsing experience. Additionally, analytical cookies are utilized to collect and report information on website usage, helping Burford Capital better understand how users interact with their site.

By visiting the Burford Capital website, users are agreeing to the use of cookies as outlined in the Privacy Policy. It is recommended that visitors review the Privacy Policy for further details on how cookies are used and how they can manage their cookie preferences.

To comply with the new policy, visitors are given the option to either accept or decline cookies. By clicking on the respective buttons, users can choose whether or not they want to allow cookies during their browsing session on the Burford Capital website.

This new initiative by Burford Capital aims to create a more user-friendly and customized experience for visitors while ensuring transparency and control over their personal data.

Convenient and secure international remittances to Alipay Wallet available with Mastercard

Mastercard Expands Cross-Border Payment Offerings with Alipay Connection

Mastercard is enhancing its cross-border payment solutions by establishing a new connection with Alipay, China’s leading digital open platform under Ant Group. This strategic move addresses the growing demand for transparent, secure, and efficient money transfers across the globe.

According to insights from Mastercard’s Borderless Payments Report, 68% of consumers would be inclined to make more online cross-border payments if they were faster. The partnership with Alipay allows Mastercard’s bank, fintech, and corporate customers worldwide to offer their clients seamless access to this popular e-wallet in near real-time.

Alan Marquard, Head of Transfer Solutions at Mastercard, emphasized the significance of this collaboration in advancing international payments. He stated that disbursements and remittances are key areas of growth for Mastercard, and the company is committed to developing solutions that prioritize speed, security, and convenience while promoting financial inclusion.

Through Mastercard’s international money transfer solutions like Mastercard Move, financial institutions can facilitate international payments to over 180 markets, serving a global payout network of over 150 currencies and 3.5 billion account holders.

Dennis Chang, Division President for Greater China at Mastercard, highlighted the importance of China as a major recipient country for international remittances. With the new connection to Alipay, Mastercard aims to streamline international fund transfers to China, making the process more efficient for both senders and recipients.

Mastercard Move operates across nearly 10 billion endpoints worldwide, including bank accounts, card, wallet, and cash payout locations. This comprehensive portfolio integrates Mastercard’s existing and future money movement capabilities, such as Mastercard Send and Mastercard Cross-Border services, to provide a seamless cross-border payment experience for users globally.

Crucial Factors to Think About Before Installing an Electric Vehicle Charger in Your Home

The increase in electric vehicles (EVs) on the roads has led to more people considering making the switch to these environmentally friendly and cost-effective cars. However, one of the main concerns for EV owners is the availability of a convenient and reliable way to charge their vehicles at home.

Installing an electric vehicle (EV) charger at your residence can bring a range of benefits, such as saving time and money on charging, reducing your carbon footprint, and adding value to your property. But before you proceed with the installation, there are several crucial factors to consider to ensure that you select the right EV charger for your specific needs.

Key considerations include charger level, cost, installation space, electricity rate plans, local permits and regulations, future-proofing, connectivity, and warranty. By carefully evaluating and addressing these essential aspects, you can enhance the convenience and efficiency of charging your electric vehicle, leading to long-term savings and a smaller environmental footprint.

Taking these factors into consideration will enable a smooth and sustainable transition to electric vehicle ownership, allowing you to fully experience the advantages of modern, eco-friendly transportation.

Ether.Fi Token Drops 20% After Debut

At the time of writing, ETHFI was trading at .60 on Binance with a trading volume of over 8 million within the first 45 minutes of trading. The token had a fully diluted value (FDV) of .6 billion, representing the market value of a token if the entire supply were in circulation.

This significant trading activity highlights the growing interest in ETHFI and its potential for value appreciation. Traders and investors are closely monitoring the token as it continues to gain traction in the market.

As the cryptocurrency market evolves, ETHFI is positioned to be a key player with its strong performance and promising market value. Stay tuned for further updates on ETHFI and its impact on the digital asset ecosystem.